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Chrysler in crisis

By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.

2012 Scion xD to start at $16,075

Prices for the 2012 Scion xD will start at $16,075, Toyota said on Wednesday. For the standard five-speed manual, that’s a $235 increase from final price of the 2011 model. The sticker increases to $16,875 for the four-speed automatic version, which is also $235 more expensive than its 2011 counterpart.

IIHS gives Camry, Prius v hybrid poor safety rating

Thirteen mid-sized cars have earned high marks on the insurance industry's newest frontal-crash test, but a pair of Toyota models tested fared worse than the rest. The so-called small overlap test involves crashing the front corner of a car into a barrier at 40 mph. The Insurance Institute for Highway Safety devised the test to simulate a collision with a stationary object such as a tree or a utility pole.